Real Estate Appreciation for Birmingham Hoover, Alabama: + 18.92%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how Birmingham Hoover, Alabama did compared to the state as a whole.
The Birmingham Hoover, Alabama MSA property value change was + 18.92% (+ 4.73% yearly).
All of the property in AL averaged + 18.40% change in value (+ 4.60% yearly).
Birmingham-Hoover-AL
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1995 | 2 | 101.99 | + 1.99% | + 7.96% |
| 1995 | 3 | 103.89 | + 1.86% | + 7.45% |
| 1995 | 4 | 104.81 | + 0.89% | + 3.54% |
| 1996 | 1 | 106.79 | + 1.89% | + 7.56% |
| 1996 | 2 | 106.56 | - 0.22% | - 0.86% |
| 1996 | 3 | 106.45 | - 0.10% | - 0.41% |
| 1996 | 4 | 108.33 | + 1.77% | + 7.06% |
| 1997 | 1 | 109.31 | + 0.90% | + 3.62% |
| 1997 | 2 | 109.68 | + 0.34% | + 1.35% |
| 1997 | 3 | 112.17 | + 2.27% | + 9.08% |
| 1997 | 4 | 113.19 | + 0.91% | + 3.64% |
| 1998 | 1 | 115.65 | + 2.17% | + 8.69% |
| 1998 | 2 | 116.35 | + 0.61% | + 2.42% |
| 1998 | 3 | 117.38 | + 0.89% | + 3.54% |
| 1998 | 4 | 118.92 | + 1.31% | + 5.25% |
If you need information on Hard Money Rehab Loans in Adamsville, Alabama look at Spec-Loan.com
If you were going to do a Adamsville, Alabama Refinance, or Adamsville, Alabama Reverse Mortgages, you could estimate your home value.
If you knew your Adamsville, Alabama home was worth $93,000.00 in 1995, you could multiply by + 18.92%, add the gain and see the home should be worth $110,595.60 in 1998. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Birmingham-Hoover-AL from 1995 to 1998:
+ 4.73%
Appreciation Comparisons
The top 5 performing MSAs from 1995 to 1998 were San-Jose-Sunnyvale-Santa-Clara-CA, Bay-City-MI, Jackson-MI, Battle-Creek-MI, and Ogden-Clearfield-UT .
- San-Jose-Sunnyvale-Santa-Clara-CA increased + 38.22% from 1995 to the end of 1998
- Bay-City-MI increased + 32.31% from 1995 to the end of 1998
- Jackson-MI increased + 31.57% from 1995 to the end of 1998
- Battle-Creek-MI increased + 30.77% from 1995 to the end of 1998
- Ogden-Clearfield-UT increased + 30.59% from 1995 to the end of 1998
In contrast, the worst 5 MSAs from 1995 to 1998 were Honolulu-HI, Utica-Rome-NY, Madera-CA, Albany-Schenectady-Troy-NY, and Redding-CA .
- Honolulu-HI decreased by - 13.12% between 1995 and 1998
- Utica-Rome-NY only increased + 0.14% between 1995 and 1998
- Madera-CA only increased + 2.89% between 1995 and 1998
- Albany-Schenectady-Troy-NY only increased + 3.63% between 1995 and 1998
- Redding-CA only increased + 4.10% between 1995 and 1998
Zip Code in MSA: 35005 - ADAMSVILLE, AL
MSA Pop: 1072646Zip Pop: 8985
Avg Value: 76600
County: JEFFERSON
Elev: 600
Region: South
Lat: 33.590768
Long: -86.961908